New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-07-04
NEW,JERSEY RAILROADS.
ANNUAL STATEMENT OF THE COMPANIES.

LOW PAREs-THE WATER NEUTRALITY-SUSPICIOUS.
ASSOCIATION.
TRENTON n j.. July 3-The annual statements OF the
railroad and canal companies of Eewersey have been
published but they lose large part OF their vaue oy
the delay in their issue This is true OF otncr State re
ports and there loud cry for change In the system
Six months after the date of report Is too long time
TO elapse before publication and the document possesses
only a certain historical interest An amusing feature
Of the railroad report ia the solemn statement OF the
State Director OF the United Railroad and Canal com
panies This office is filled by the Legislature In joint
meeting the State having the privilege OF eiectng one
director OF the company by virtue Of holding hundred
shares OF the securities The companies arr
under control Of the Pennsylvania Railroad ana the
statement is copy OF the Pennsylvania annual report
I'm so far as It affects the NewJersey divisions me
State Director the privilege Of riding free over the
railroads of the State and mngng In the social pleas
ures the perfunctory organization maintained by the
EewJersey companies. In his report he Is expected 10
say good word for the management OF the companies
which Is doubt deserved. The report OF the new
Jersey Central u.s. perhaps the only possessing any
general Interest," 1t only the Newcrsey portion
of the property total length Of road OF ninety nine and
sixty-nne hundredths miles. The capital stock Ia put
n. 2O0 the bonded debt at 354246iS IL; the
floating debt at S1,O22,44S 74 interest unpaid,
81 50 local tax claimed. $3O,i00 OF; cost or
road and equipment 1913 81 The income from
passengers in 1886 was $17O7ls6 IT; from freight.
smallest railroad in New,Jersey is that Of the Martins
Creek Railway Company, fOurteen-hundredths OF mile
long with $4,000 capital stock, $22 200 81 hoatn
debit $780, 800 81 spent in cost Of road and equipment
and president by the name OF Du Barry The NUMBER
deaths caused the railroads OF the state during the
year 12l while $40 sustained injuries more
or less Onethd of tho accidents were duo 70
coupling trains.
The low-fare system between Newark and New-York
has been in operation since Thursday On Friday the
NewJersey Central and Pennsylvania companies quietly
reduced the regular excursion rate from 80 cents 10 20
and single tickets 20 to 5 No announcement was
made of the change The book system of fifty tickets for
S5 meets with favor and practically aboshes the CON-
mutation tickets for there is no advantage In purchas
ingthem now Some OF the old limitations as To the use
of excursion tickets restored with the reduction and
competition than at any time last fifteen
reduction to 10 cents for all fares nc now WI nnea vone e
ont OF existence II has always been under the MANAGE
msnt Of the @ AND tho STOCK Is now
The celebration OF the Fourth will he general and en-
WorSs in the cities but nowhere viii the observance
notable than along the coast Inc yachtsmah VINO
runs from Monmouth Beach 10 BafIegat tomorrow
night will see blaze OF fireworks beyond the ordinary
The New-Jersey bicyclers viii meet at Orange To-
morrow. The meets there are always largely attcheu
the smooth roads afordng special charms:
The state Board OF Health has determined 70 take up
Newark aud Jersey City valuable aid. At meeting on
Friday the Board agreed To employ tho necessary ald
report will be valuable and VIII aid materially In scttng
the disputed questions involved
The annual meeting OF the Washington Association ~
the headquarters Morrstown last week gave another
opportunity rejoice In the happy Thought when re-
suited In the purchase OF the headquarters by ekOovef
Randolph, the Hon. George Halsey ana others ara
the formation Of association 10 maintain the property
suitably. There lis debt there II money ahead the
income Is sufficient and the collection OF
relics is large and OF great and increasing value Tue
place itself Is delightfully."- situated and the house Is nm
excellent example OF Colonial architecture "A form
which Is being Initiated In every growing town OF
the state The stockholders dned together. listened 10
speeches from one another, and had an extremely
socable day OF Il. -
The public schools Of the State closed last week There
are none better, and the feeling OF pride ia them was
never greater.